FINANCE

After Impressive Triple-Digit Growth Of N2.9 Trillion In Q3 And A Branch In France, Zenith Bank Wins ‘Bank Of The Year, Nigeria’ In The Banker Awards 2024

<h4>After Impressive Triple<&sol;h4>&NewLine;<h4><&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that just after Zenith Bank posted an impressive results for the third quarter ended 30 September 2024&comma; recording a triple-digit growth of 118&percnt; from N1&period;33 trillion reported in Q3 2023 to N2&period;9 trillion in Q3 2024&comma; the Bank has emerged as &OpenCurlyQuote;Bank of the Year&comma; Nigeria’ in The Banker’s Bank of the Year Awards 2024&period;<&sol;p>&NewLine;<p>The award&comma; which was announced by The Banker Magazine&comma; Financial Times Group&comma; United Kingdom&comma; during the awards ceremony held in London on December 4&comma; 2024&comma; is in recognition of the bank&&num;8217&semi;s strong management&comma; sound business model and strategy&comma; and approach to sustainability and ESG banking practices&period;<&sol;p>&NewLine;<p>The Banker&&num;8217&semi;s &OpenCurlyQuote;Bank of the Year’ accolade is among the most coveted and widely regarded award in the banking industry&period;<&sol;p>&NewLine;<p>Often contested by the world’s leading financial institutions&comma; the winners span across Africa&comma; Asia-Pacific&comma; Central &amp&semi; Eastern Europe&comma; Latin America&comma; the Middle East&comma; North America and Western Europe&period;<&sol;p>&NewLine;<p>Commenting on the award&comma; the Group Managing Director&sol;Chief Executive of Zenith Bank Plc&comma; Dame &lpar;Dr&period;&rpar; Adaora Umeoji&comma; OON&comma; said &OpenCurlyDoubleQuote;We are delighted and honored to have been recognized as the Bank of the Year&comma; Nigeria in The Banker’s Bank of the Year Awards 2024&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;27628" aria-describedby&equals;"caption-attachment-27628" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-27628" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2024&sol;11&sol;Zenith-Bank-Paris-Commissioning-1-300x134&period;jpg" alt&equals;"After Impressive Triple" width&equals;"300" height&equals;"134" &sol;><figcaption id&equals;"caption-attachment-27628" class&equals;"wp-caption-text"><em><strong>Zenith Bank Expands Global Footprints to Paris in France<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<p>This award is a testament to the unwavering trust and loyalty of our esteemed customers&comma; the unparalleled leadership and guidance of the Board and Management as well as the hard work and dedication of our staff&period;<&sol;p>&NewLine;<p>It also reflects our bank&&num;8217&semi;s steadfast commitment to delivering excellent services to our customers and contributing to the growth and development of the Nigerian economy&period;<&sol;p>&NewLine;<p>We will continue to invest in innovative technologies&comma; expand our range of products and services&comma; and maintain our commitment to exceptional customer service in order to sustain our position as Nigeria’s Number One Bank&period;”<&sol;p>&NewLine;<p>She lauded the Founder and Chairman of Zenith Bank Plc&comma; Jim Ovia&comma; CFR&comma; for his visionary role in laying the foundation for a reputable&comma; dominant and globally recognised financial institution known for innovation&comma; superior performance&comma; and the creation of premium value for all stakeholders&period;<&sol;p>&NewLine;<p>In November 2024&comma; Zenith Bank commissioned its Paris Branch following the granting of the final approval by France’s banking regulator&comma; the Autorité de Contrôle Prudentiel et de Résolution &lpar;ACPR&rpar;&period;<&sol;p>&NewLine;<p>This is part of the bank’s global expansion strategy&comma; and its commitment to serving clients wherever their businesses are around the world&period;<&sol;p>&NewLine;<p>Zenith Bank has continued to earn numerous awards&comma; with this latest accolade coming on the heels of several recognitions&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;24862" aria-describedby&equals;"caption-attachment-24862" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-24862" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2024&sol;05&sol;Zenith-Bank-300x173&period;webp" alt&equals;"After Impressive Triple" width&equals;"300" height&equals;"173" &sol;><figcaption id&equals;"caption-attachment-24862" class&equals;"wp-caption-text"><em><strong>Zenith Bank global headquarters in Lagos<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<p>These include being recognised as the Number One Bank in Nigeria by Tier-1 Capital for the fifteenth consecutive year in the 2024 Top 1000 World Banks Ranking&comma; published by The Banker Magazine&period;<&sol;p>&NewLine;<p>The Bank was also awarded the Bank of the Year &lpar;Nigeria&rpar; in The Banker’s Bank of the Year Awards for 2020 and 2022&semi; and Most Sustainable Bank&comma; Nigeria in the International Banker 2023 and 2024 Banking Awards&period;<&sol;p>&NewLine;<p>Further recognitions include Best Bank in Nigeria for four years from 2020 to 2024 in the Global Finance World’s Best Banks Awards and Best Commercial Bank&comma; Nigeria for four consecutive years from 2021 to 2024 in the World Finance Banking Awards&period;<&sol;p>&NewLine;<p>Additionally&comma; Zenith Bank has been acknowledged as the Best Corporate Governance Bank&comma; Nigeria&comma; in the World Finance Corporate Governance Awards for 2022&comma; 2023 and 2024 and &OpenCurlyQuote;Best in Corporate Governance’ Financial Services’ Africa for four consecutive years from 2020 to 2023 by the Ethical Boardroom&period;<&sol;p>&NewLine;<p>The Bank’s commitment to excellence saw it being named the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands for 2020 and 2021&comma; and Retail Bank of the Year for three consecutive years from 2020 to 2022 as well as Bank of the Year&comma; 2023 at the BusinessDay Banks and Other Financial Institutions &lpar;BAFI&rpar; Awards&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;26304" aria-describedby&equals;"caption-attachment-26304" style&equals;"width&colon; 227px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-26304" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2024&sol;08&sol;Adaora-e1723121933439-227x300&period;webp" alt&equals;"After Impressive Triple" width&equals;"227" height&equals;"300" &sol;><figcaption id&equals;"caption-attachment-26304" class&equals;"wp-caption-text"><em><strong>Zenith Bank Group MD&sol;CEO&comma; Dame Adaora Umeoji<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<p>The Bank also received the accolades of Best Commercial Bank&comma; Nigeria and Best Innovation in Retail Banking&comma; Nigeria&comma; in the International Banker 2022 Banking Awards&period;<&sol;p>&NewLine;<p>Zenith Bank was named Bank of the Decade &lpar;People’s Choice&rpar; at the ThisDay Awards 2020&comma; Bank of the Year 2021 by Champion Newspaper&comma; Bank of the Year 2022 by New Telegraph Newspaper&comma; Best in MSME Trade Finance&comma; 2023 by Nairametrics and Most Responsible Organisation in Africa 2021 by SERAS Awards&period;<&sol;p>&NewLine;

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